Squareyards Logo
Pune
Blogs DataIntelligence
New Advertise with us Sell or Rent Property
Login

Property Rates in Erandwane, Pune

Comprehensive Market Snapshot

The Erandwane real estate market in Pune presents a dynamic landscape for prospective buyers and investors. With an average asking price of ₹22,314 per sq ft, the locality's property values have seen slight fluctuations, trending downwards from ₹23,130 per sq ft in March 2025 to ₹22,355 per sq ft by December 2025. Official registration data highlights robust activity, recording 237 transactions totaling ₹448 Cr between April 2025 and March 2026, with properties registering at an average of ₹19,900 per sq ft. Apartments dominate the property type segment, while the market offers a diverse supply, including 146 Ready To Move units and 30 Under Construction projects, catering to varied buyer needs. Premium projects like fortune prashanti chs are commanding top prices, and Archway Estates DB LLP stands out among developers by transaction volume.

  • Asking Sale Price₹ 22,314 /sq.ft
  • Govt. Registration Prices₹ 19,896 /sq.ft
  • Insights
  • Price Trends
  • Project and Developer Insights
  • Government Registrations
  • Other Property Rates

Insights for Erandwane, Pune Real Estate Market

Erandwane, a prime locality in Pune, showcases a mature real estate market characterized by strong demand for residential properties, particularly apartments. The average asking price currently stands at ₹22,314 per sq ft, while the registered rate is slightly lower at ₹19,896 per sq ft, indicating a healthy negotiation margin for buyers. Quarterly price trends reveal a generally stable yet slightly softening market, with average rates moving from ₹23,130 per sq ft in March 2025 to ₹22,355 per sq ft by December 2025. This presents a potentially opportune moment for investment. Neighboring areas offer a range of price points; for instance, Deccan Gymkhana commands a higher average of ₹25,617 per sq ft, while Sadashiv Peth has seen remarkable growth of 23.27% to reach ₹20,186 per sq ft. The market is predominantly driven by apartments, which average ₹22,314 per sq ft, experiencing a minor decline of 0.18%. Supply is well-distributed across development stages, with 146 Ready To Move units available at ₹17,600 per sq ft, and 30 Under Construction units at ₹19,737 per sq ft. Notably, 'Partially Ready To Move' projects, though few in number, show strong price appreciation of 12.09%. Top projects like fortune prashanti chs and swojas aarohi are leading the luxury segment with asking rates exceeding ₹29,000 per sq ft, some experiencing significant appreciation. Government registration data confirms a vibrant market, with 237 transactions worth ₹448 Cr over the past year, reflecting consistent buyer interest. Archway Estates DB LLP has been a key developer driving transaction activity in the area.

Market Strengths Market Strengths
  • Erandwane boasts a high average asking price of ₹22,314 per sq ft, reflecting its premium status within Pune.
  • Robust government registration activity with 237 transactions totaling ₹448 Cr over the past year demonstrates strong market liquidity and buyer confidence.
  • The presence of a significant number of Ready To Move units (146) provides immediate occupancy options for buyers.
  • Diverse property status options, including Under Construction and New Launch projects, cater to various investment horizons and buyer preferences.
  • Neighboring areas like Sadashiv Peth show impressive price appreciation (23.27%), indicating a healthy growth potential in the broader Erandwane micro-market.
  • Several top projects are commanding premium prices and showing substantial appreciation (e.g., fortune prashanti chs with 34.42% and pinnacle kalpataru with 46.35%), highlighting strong demand for quality developments.
  • The market is primarily apartment-driven, catering to a stable and broad residential buyer base.
Market Challenges Market Challenges
  • The average asking price of ₹22,314 per sq ft is relatively high compared to the registered rate of ₹19,896 per sq ft, indicating a potential negotiation gap for buyers.
  • Ready To Move properties have seen an 8.33% price decline, suggesting a need for careful evaluation of immediate returns.
  • Under Construction and New Launch segments have also experienced minor price dips of 1.55% and 2.15% respectively, which could reflect cautious buyer sentiment or increased supply pressure.
  • The absence of average rental rate data makes it challenging for investors to project rental income and yield accurately.
  • Limited transaction volume for individual top projects (e.g., Vasant Apartment with 1 transaction) and developers (Archway Estates DB LLP with 1 transaction) makes it harder to gauge broad market preference for specific entities by transaction data alone.
  • Some neighboring areas like Kothrud have seen a slight price decrease (-1.81%), which could indicate localized market pressures or shifts in buyer preference.
Investment Opportunities Investment Opportunities
  • Consider 'Partially Ready To Move' projects, which, despite low unit count, show strong 12.09% price appreciation, indicating potential for higher returns.
  • Explore properties in Sadashiv Peth, a neighboring area that has seen a significant 23.27% price increase, suggesting strong growth potential.
  • The slight downward trend in Erandwane's average asking price from March to December 2025 may present a favorable buying opportunity.
  • Given the robust registration activity (237 transactions, ₹448 Cr), properties in Erandwane maintain consistent buyer interest, signaling liquidity.
  • Focus on premium projects like fortune prashanti chs or pinnacle kalpataru which have shown substantial price increases (34.42% and 46.35% respectively), indicating strong market demand for high-end properties.
  • Ready To Move apartments, though experiencing a price dip, offer immediate occupancy and potential for rental income, especially with 146 units available.
Property Valuation

Comprehensive assessment of your property's current worth in the current market
Get Valuation Report

Property Price Trends in Erandwane, Pune

Asking Price Trends

Examining the quarterly price trends for Erandwane reveals a dynamic market. The average rate stood at ₹23,130 per sq ft in March 2025, which then saw minor fluctuations, settling at ₹22,368 per sq ft by June 2025. While there was a slight dip to ₹22,341 per sq ft in September 2025, the market concluded the year at ₹22,355 per sq ft in December 2025, indicating a period of stabilization after an initial decrease.

Quarter City Rate
Dec 2025 22355
Sep 2025 22341
Jun 2025 22368
Mar 2025 23130
Square Yards' Data Intelligence powers real estate with the most comprehensive & accurate authenticated data. See how it can work for your business
Price Trends by Property Type

The Erandwane real estate market is predominantly characterized by its apartment segment. Apartments in the locality command an average price of ₹22,314 per sq ft. This segment has experienced a marginal change, showing a slight decrease of 0.18%, indicating a stable yet competitive environment for residential buyers.

Type Rate (₹/sq.ft) Change %
Apartment 22,314 -0.18
Price Trends by Project Status

Erandwane's property market offers a range of options based on project status, catering to different buyer timelines. Ready To Move properties are abundant, with 146 units available at an average of ₹17,600 per sq ft, though prices have seen an 8.33% decline. Under Construction projects provide 30 opportunities, priced at ₹19,737 per sq ft, experiencing a minor dip of 1.55%. Notably, 'Partially Ready To Move' projects, despite being few, show strong appreciation with an average price of ₹26,681 per sq ft and a 12.09% increase, highlighting their premium appeal. New Launch projects are also available, offering 25 units at ₹19,154 per sq ft.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 190 17,622 -7.38
Under Construction 30 19,737 -1.55
New Launch 25 19,154 -2.15
Price Trends by Localities

Property rates in Erandwane and its surrounding areas offer a varied investment landscape. Deccan Gymkhana commands a higher average of ₹25,617 per sq ft, showing a modest 0.79% increase, reflecting its premium positioning. Sadashiv Peth, meanwhile, has witnessed remarkable growth, surging by 23.27% to an average of ₹20,186 per sq ft, making it an attractive option. Ganesh Nagar closely aligns with Erandwane's pricing at ₹22,250 per sq ft. Towards the lower end, areas like Narayan Peth and Shukrawar Peth offer more affordable options, averaging ₹11,487 per sq ft and ₹9,752 per sq ft respectively, showcasing the diverse price points available within Pune Central.

Location Rate (₹/sq.ft) Change %
Navi Peth 20,308 -
Deccan Gymkhana 25,617 0.8
Dattawadi 18,497 -
Sadashiv Peth 20,186 23.3
Ganesh Nagar 22,250 -
Narayan Peth 11,487 -
Parvati Gaon 17,513 -
Kothrud 17,755 -1.8
Shukrawar Peth 9,752 -
Mandai 8,870 -

Project and Developer Insights

Top Projects by Listing Rates, Transaction Count and Transaction Value

Premium residential developments in Erandwane are commanding significant asking prices, reflecting their luxury positioning and prime locations. Leading the segment, fortune prashanti chs is priced at ₹30,005 per sq ft, with a substantial 34.42% increase, setting a high-value benchmark. swojas aarohi follows closely with an average rate of ₹29,490 per sq ft, while chandrasen apartment offers properties at ₹27,073 per sq ft. Venkatesh Erandwane Central, at ₹26,681 per sq ft, has also seen a notable 12.09% appreciation, further solidifying the aspirational segment of the market.

  • Listing Rate
  • By Value
  • By Transaction
Project Name Rate (₹/sq.ft) Change %
Fortune Prashanti Chs 30,005 34.4
Swojas Aarohi 29,490 -
Chandrasen Apartment 27,073 -
Venkatesh Erandwane Central 26,681 12.1
Erandavane Chs 25,657 -
Pinnacle Kalpataru 25,615 46.4
Ravetkar 70 West Avenue 23,500 -
Fortune Madhvachhaya 23,434 5
Lagoo Malhar 23,434 4.4
Fortune Saikrupa 23,406 4.9
Project Name Current Price (₹/sq.ft) Sale Value Change %
Vasant Apartment 16,398 ₹ 1.83 Cr -
Project Name Current Price (₹/sq.ft) Transactions Change %
Vasant Apartment 16,398 1 -
Top Developers by Transaction Count

Premium residential developments in Erandwane are commanding significant asking prices, reflecting their luxury positioning and prime locations. Leading the segment, fortune prashanti chs is priced at ₹30,005 per sq ft, with a substantial 34.42% increase, setting a high-value benchmark. swojas aarohi follows closely with an average rate of ₹29,490 per sq ft, while chandrasen apartment offers properties at ₹27,073 per sq ft. Venkatesh Erandwane Central, at ₹26,681 per sq ft, has also seen a notable 12.09% appreciation, further solidifying the aspirational segment of the market.

  • By Transaction
Developer Transactions
Archway Estates Db Llp 1

Government Registration in Erandwane, Pune

  • Sales Transactions237
  • Gross Sales Value₹ 448 Cr
  • Registered Rate₹ 19,900 /sq.ft

Official registration data for Erandwane reveals robust transaction activity, with 237 properties formally registered between April 2025 and March 2026. These transactions collectively amounted to a gross value of ₹448 Cr, indicating a vibrant market. The average registered rate for properties stood at ₹19,900 per sq ft. Project-wise, Vasant Apartment attracted buyer interest with 1 transaction, while Archway Estates DB LLP emerged as a key developer driving transaction volumes.

Country/City
Popular Searches
Property Type
New Projects in Pune
Popular Locality Categories in Pune
By BHK
Budget
Popular Searches
Property Type
By BHK
Budget
By Occupant Type
For Buyers / Owners
For Tenants
For Agents
For Builders & Banks